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Capital One Venture Rewards Credit Card’s New Welcome Offer is Worth $1,000 in Travel

  • For a limited time, new Capital One Venture Rewards Credit Card cardholders can earn a welcome bonus of 75,000 bonus miles after spending $4,000 on purchases in the first three months of account opening, plus a $250 Capital One Travel credit to be used in the first year of card membership.
  • 75,000 Capital One Miles are worth $750 in travel, making this bonus worth $1,000.

Capital One Venture Rewards Credit Card welcome bonus

The typical welcome offer of the Capital One Venture Rewards Credit Card is 75,000 bonus miles after spending $4,000 in the first three months of account opening, worth $750 in travel.

For a limited time, new cardholders can earn that same 75,000-mile bonus plus a $250 Capital One Travel credit to use in the first year, making this bonus worth $1,000 in travel. 

The $250 credit is only good for your first cardholder year, so make sure you use it before your cardmember anniversary.

If you’ve been considering applying for this card, we recommend doing it ASAP so you don’t miss out on this great deal.

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Best for simple travel rewards

Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
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Up to 5X Reward Rate

Earn 5X miles per dollar on hotel stays or rental cars booked through Capital One’s portal and 2X miles on all other purchases.

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Annual Fee
$95
Welcome Offer
75,000 miles + $250 bonus
Regular APR
19.99% to 29.99% variable
Recommended Credit
Good/Excellent (670 - 850)
Why we like it
The Capital One Venture Rewards Credit Card has a generous welcome bonus, valuable perks, and easy-to-earn rewards.
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Card Details

More card info

  • Miles don’t expire for the lifetime of the account plus there’s no limit to how many you can earn
  • Up to a $100 credit to use toward Global Entry or TSA PreCheck®
  • Use miles for reimbursement on any travel purchase—or use them to book a trip through Capital One Travel
  • Enhance every hotel stay from the Lifestyle Collection with a range of cardholder benefits, such as $50 experience credit, room upgrades, and more
  • Transfer your miles to over 15 travel loyalty programs of your choice
Pros
  • Travel insurance protections incuded
  • Earn flexible rewards for travel
  • Reasonable $95 annual fee
Cons
  • Requires good or excellent credit
  • No everyday spending bonus categories
  • High APR

Earning Capital One miles

The Capital One Venture Rewards Credit Card has a simple earning structure— 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 2 miles per dollar on all other purchases. 

While spending the $4,000 required to meet the sign-up bonus requirement, you’ll earn even more miles. If you don’t buy any travel and only utilize the 2X miles on all purchases, you’d rack up 8,000 additional miles. So, by the time you earn the welcome offer, you will have earned 83,000 miles in total (75,000 + 8,000). 

If you utilize the 5X miles on hotels and rental cars through Capital One Travel, that number can increase exponentially. Let’s say you spend $1,500 on a week-long hotel stay, another $500 on a rental car, and $2,000 on other odds and ends to meet the $4,000 spending requirement. 

You’d earn:

In this hypothetical scenario, you’d earn 14,000 miles. Add that to the 75,000 miles from the welcome bonus and you’re sitting at 89,000 miles. At the 1 cent per mile valuation, your earnings would ring in at $890 of travel.

Once you add the $250 limited-time travel credit, you’ll have pocketed over $1,100 in travel reward value within the first year.

Redeeming miles

There are various ways to redeem your Capital One miles, including:

While redeeming miles for travel bookings is often the most straightforward option, transferring miles to travel partners can sometimes provide more value. 

For example, you can transfer miles 1:1 to Air Canada (Aeroplan), whose points are valued at approximately 1.4 cents each. That means 1 Capital One mile would be worth 1.4 cents.

Your 75,000 welcome offer miles would be worth around $1,050 in Aeroplan points.

▶︎  Learn more: Guide to Capital One Miles

Other Venture Card perks

Capital One Venture Rewards has various other perks to help further increase its overall value. 

Cardholders can access benefits like:

▶︎  Sad the lounge benefit is ending? See our picks: Best credit cards for airport lounge access

Alternatives to the Venture Rewards card

If this card’s welcome offer and additional perks weren’t enough to convince you to add it to your wallet, plenty of travel credit card options are available. 

Here’s a recap of the Venture card and quick details on two of our favorite alternatives:

Capital One Venture Rewards Credit Card

Capital One Venture X Rewards Credit Card

Chase Sapphire Preferred® Card

▶︎  Still undecided? See our top picks:

About the Author

Jaiden Hart
Jaiden Hart Writer & Content Manager, Credit Cards

Jaiden Hart serves as a credit card writer and content manager at LA Times Compare. Beginning her career as an intern on the Compare team, she has since amassed considerable expertise and passion in the credit card industry. 

Jaiden’s primary objective is to simplify the process of choosing and managing a credit card through engaging and honest content so individuals can more effectively maximize their benefits and meet their financial goals.

* Opinions expressed here are those of the LA Times Compare Cards Team and have not been reviewed or approved by any advertiser or entities included within this content. See our editorial policy for more details.

All products or services are presented in this content without warranty. The information, including card details such as rates and fees, is accurate at the time of publish. Please visit each bank's website directly for the most current information.

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